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20130201
20130228
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KCSM (PBS) 1
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, the eu has unveiled the details of a financial transaction tax it hopes to introduce next year -- the goal, raising tens of billions of euros every year and curbing speculation that can cause of people in the financial markets. >> but it is a very controversial measure. so much so that even less than half the state's leading lady the tax. >> the new tax will apply to billions of transactions a year. 11 eurozone countries including germany hope to introduce the tax this year. the levy would amount to 0.1% on trades and bonds, stocks, and currencies. >> what we have proposed is technically sound and legally robust as a tax, a tax which will strengthen our market and tim burke irresponsible financial trading. >> the eu commission wants to make sure companies do not just do their trading somewhere else, so the tax will apply if one of the parties is located in a participating country. opponents say that will not work. >> where a tax is suddenly imposed in 11 of the 27 eu countries, that creates pressure for companies to change their place of business. >> but the eu commission says
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